Property

Megaworld Corp., along with Travellers International Hotel Group, Inc. (TIHGI) and Southwoods Mall, Inc. (SMI), has signed a Memorandum of Understanding (MOU) with listed real estate investment trust MREIT, Inc. to pursue a strategic property-for-share swap. 

Ayala Land’s Nuvali Estate has become the first commercial business district in the Philippines to secure a BERDE 5-Star Certification under BERDE Districts Version 1.0.0, after its Lakeside and East Bloc districts were recognized by the Philippine Green Building Council (PHILGBC).

Ayala Malls is repositioning its malls as multi-use community hubs with the launch of Our Common Place, an initiative that transforms retail environments into flexible spaces for work, rest, connection, and social support.

Filinvest Land, Inc. said its mall business continued to strengthen in the first quarter, with leasing revenues climbing 17 percent year-on-year to P744 million as higher tenant occupancy and stronger consumer traffic boosted recurring income.

Filinvest REIT Corp. (Filreit) has welcomed Gatestone and Co., a global customer experience and digital transformation company, as its newest international tenant.